The International Energy Agency Photovoltaic Power Systems Programme says in its latest report that 2023 was a record-breaking but tumultuous year for solar development. It says the manufacturing industry faces pressure from supply-demand imbalances, with overcapacity causing prices to collapse.
The preferred easement for the 240-kilometre Victorian section of the Victoria to New South Wales Interconnector West transmission line project has been released by Transmission Company Victoria.
The International Energy Agency’s latest report, which maps out the future evolution of clean energy manufacturing, says the combined global market for PV, wind turbines, electric cars, batteries, electrolysers, and heat pumps will rise from $1 trillion in 2023 to more than $3 trillion by 2035.
Labelled the “most difficult” in the world, Australia’s regulatory environment and grid connection process for new large-scale renewable energy generation and storage has also been lauded as the standard bearer for the global market.
The Clean Energy Regulator’s decision to suspend online trading platform Greenbot from participating in the Australian government’s rooftop solar rebate scheme has been reinstated by the Federal Court.
The time for Australia to pursue its renewable energy ‘superpower’ ambitions is now with an audience at All Energy 2024 told the policy settings, regulatory rigor, and support are in place to enable a strong clean energy future.
The New South Wales government will expand the functions of its Energy and Water Ombudsman to include handling complaints around renewable energy infrastructure, including transmission projects, from December 2024.
The federal government has announced it will double the amount of storage projects being sought in the next found of tenders for its Capacity Investment Scheme, upping it from 2 GW / 8 GWh to 4 GW / 16 GWh. The solar and wind tenders have also been increased, moving from 4 GW to 6 GW.
The Philippines’ Department of Energy says that at least 105 renewable energy projects, including 53 solar projects, face termination for failing to comply with timelines.
The Australian government will supercharge its program of underwriting renewable energy generation and clean dispatchable capacity by significantly expanding the next auction in its flagship Capacity Investment Scheme policy.
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